How to Student Finance calculate entitlement as a mature student?

I've been to university before so not sure if the systems have changed (the style of the website certainly has - it feels far more simple) but how do Student Finance calculate entitlement these days? All I gave them was my NI number and other simple details and it came back with 'approved' and maintenance loan and grant far bigger than I got last time I was at uni (despite the general trend to be going down, I thought?)

Thanks for reading

Reply 1

Klix88

17

Original post by ironandbeer

I've been to university before so not sure if the systems have changed (the style of the website certainly has - it feels far more simple) but how do Student Finance calculate entitlement these days? All I gave them was my NI number and other simple details and it came back with 'approved' and maintenance loan and grant far bigger than I got last time I was at uni (despite the general trend to be going down, I thought?)

Thanks for reading

It depends on your circumstances. You may have been assessed on your parents' income last time - if they earned a lot, then you might have been on the minimum funding. If you're applying based on your own income now, it will be nil if you're going to be a full-time student, potentially giving you the maximum Maintenance Loan+Maintenance Grant combo.

Reply 2

ironandbeer

OP

Original post by Klix88

It depends on your circumstances. You may have been assessed on your parents' income last time - if they earned a lot, then you might have been on the minimum funding. If you're applying based on your own income now, it will be nil if you're going to be a full-time student, potentially giving you the maximum Maintenance Loan+Maintenance Grant combo.

Sorry I'm out of rep today - will try to remember to do this shortly.

I'm over 25 now so I think you're absolutely right - my parents were hardly rolling in it though. But yes, it seems I'm on a hell of a lot more loan and grant wise.

Many thanks.

Reply 3

jelly1000

21

Original post by ironandbeer

I've been to university before so not sure if the systems have changed (the style of the website certainly has - it feels far more simple) but how do Student Finance calculate entitlement these days? All I gave them was my NI number and other simple details and it came back with 'approved' and maintenance loan and grant far bigger than I got last time I was at uni (despite the general trend to be going down, I thought?)

Thanks for reading

if you've done more than one year at university previously then that limits your entitlement to student finance